Answer:
1. Commercial banks - take deposits and make loans
Commercial banks create loans from the money deposited with them. They then earn interest on these loans and give the depositors some of the interest revenue depending on the type of account opened.
2. Mutual funds - purchase a portfolio of assets for a group of investors
Mutual funds pool money from multiple investors and then purchase a portfolio of assets. Profits made are divided amongst its investors.
3. Pension funds - manage a pool of money that is designated to be paid out to beneficiaries when they are in retirement.
Pension funds are meant to provide money to beneficiaries in retirement so they manage a pool of money that beneficiaries had invested into before they retired.
4. Investment banks - help businesses, governments, and institutions to raise funds to finance their activities by issuing securities.
Investment firms are mostly underwriters who help businesses, governments and other institutions raise funds to finance their activities.
Based on the amount the bicycle was sold for and the cost to produce, the return on investment was <u>23.5%. </u>
<h3>What was the return on investment?</h3>
This can be found by the formula:
= (Total Return – Amount Invested)/Amount Invested x 100%
Solving gives:
= (85 - 65) / 85 x 100%
= 20 / 85 x 100%
= 23.5%
In conclusion, this is 23.5%.
Find out more on return on investment at brainly.com/question/15726451.
Answer:
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Answer:
3.22%
Explanation:
Standard Deviation is the quantity that shows how much a each element of a group differs from the mean of the group on average.
Standard Deviation of the PG&E's monthly return is 3.22%. All the calculations and workings are done in an MS Excel file, which is attached with this answer, please find it.
Answer:
Income statement or the statement if profit and loss is more officially called as the "comprehensive statement of income" in the corporate world.
It has all the revenue and expense accounts and calculates the gross profit and finally the net profit or loss of the company after taking into consideration various expenses categories such as financial costs, administration costs, cost of sales and other costs.
Moreover, income from the main business activity and other income from other investment activities are also considered.
Explanation: